Housing and Urban Development Award | 86616022D00013 | ASSET MANAGEMENT SERVICES

86616022D00013 - ASSET MANAGEMENT SERVICES

Federal Contract Award Search » IDC Award

This IDC contract for Real Estate Services was awarded in FY2022 on Aug 31, 2022 to RAINE & COMPANY, LLC by Housing. There have been $22.3M in obligations to date with a ceiling value of $39.4M, showing a 56% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 1 year duration with ultimate completion date of Aug 30, 2023.

RAINE & COMPANY, LLC is a contractor located in GA, doing primarily Real Estate Services work for Housing and Urban Development. Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.

The Federal Government competes and awards an Indefinite Delivery Contract (IDC) to support requirements where the quantity and time of delivery are unknown. Typically referred to as Indefinite Delivery-Indefinite Quantity (IDIQ) contracts, the Government has the option of awarding a single or multiple award IDIQ. Once awarded, an IDIQ acts as a master agreement between the Federal Government and one or more contractors. On an as-needed basis, Federal buying organizations place orders, commonly referred to as Task Orders against an IDIQ, to purchase goods or services available through the IDIQ.

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Contract Number
86616022D00013
Contractor
RAINE & COMPANY LLC
Obligations to Date
$22.3M
Ceiling Value
$39.4M
Award Date
08/31/2022
Contract Type
IDC
Competition Set Aside Type
No set aside used

Buying Agency/Office
Housing and Urban Development»Housing


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Task Order History

Task Order No. Contractor Obligations Effective Date
86616022F00038 RAINE & COMPANY LLC $136.9k 08/31/2022
86616022F00056 RAINE & COMPANY LLC $188.3k 08/31/2022
86616022F00043 RAINE & COMPANY LLC $78.5k 08/31/2022
86616022F00040 RAINE & COMPANY LLC $137.1k 08/31/2022
86616022F00045 RAINE & COMPANY LLC $185.4k 08/31/2022
86616022F00055 RAINE & COMPANY LLC $566.2k 08/31/2022
86616022F00058 RAINE & COMPANY LLC $459.9k 08/31/2022
86616022F00054 RAINE & COMPANY LLC $239.1k 08/31/2022
86616022F00041 RAINE & COMPANY LLC $309k 08/31/2022
86616022F00039 RAINE & COMPANY LLC $15k 08/31/2022
86616022F00044 RAINE & COMPANY LLC $234.5k 09/01/2022
86616023F00014 RAINE & COMPANY LLC $319.5k 02/24/2023
86614523F00004 RAINE & COMPANY LLC $1.1M 02/24/2023
86616023F00011 RAINE & COMPANY LLC $2.2M 02/24/2023
86616023F00013 RAINE & COMPANY LLC $4.2M 02/24/2023
86616023F00012 RAINE & COMPANY LLC $719k 02/24/2023
86616023F00003 RAINE & COMPANY LLC $615.7k 02/24/2023
86616023F00004 RAINE & COMPANY LLC $423.4k 02/24/2023
86616023F00010 RAINE & COMPANY LLC $474.8k 02/24/2023
86616023F00009 RAINE & COMPANY LLC $573.7k 02/27/2023

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